Europe’s Largest Companies 2017: Shell Doubles Profit, Takes Top Spot

A Shell Gas Station in Woodbridge, Virginia, January 5, 2016. (SAUL LOEB/AFP/Getty Images)

[Source”timesofindia”]

Though sales at Royal Dutch Shell have been declining, the company’s profit more than doubled in the past year – catapulting it to the top of our 2017 list of Europe’s largest companies.

Shell is one of 469 Europe-based public companies on Forbes’ Global 2000, our annual ranking of the world’s largest public companies.

For the past year, Shell saw $234 billion in sales,$4.6 billion in profit, $411 billion in assets and a market cap of $228 billion. In 2016, the company ranked as the 50th largest company in the world. Today, it ranks 20th